AbbVie (ABBV) Free Cash Flow (2010 - 2025)
AbbVie (ABBV) reported Free Cash Flow of $7.31 billion for Q3 2026, up 10.0% from $6.64 billion a year earlier and up 134.6% from the prior quarter.
AbbVie (ABBV) Free Cash Flow (2010 - 2025) Analysis & Trends
Over the twelve months ended Sep 30, 2026, AbbVie's Free Cash Flow came in at $18.87 billion, down 4.1% year-over-year; for FY2025, it came in at $17.82 billion, down 0.1% from FY2024.
- Free Cash Flow has declined for three consecutive years, though with a five-year compound annual growth rate of 1.2% (FY2020 to FY2025).
- By year, Free Cash Flow came in at $17.83 billion in FY2024 (-19.2%), $22.06 billion in FY2023 (-9.0%), $24.25 billion in FY2022 (+10.3%) and $21.99 billion in FY2021 (+31.0%).
- The Q3 2026 figure ranks as the highest quarterly Free Cash Flow since Q3 2023.
- Year over year, Free Cash Flow gained in five of the last eight quarters, with growth averaging 31.8%.
- The high point for year-over-year Free Cash Flow in five years was Q1 2026 (growth of 154.6%); the low point was Q2 2024 (a decline of 66.9%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $3.11 billion (Q2 2026), $3.56 billion (Q1 2026) and $4.89 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Yr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 8.97 Bn |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 19.70 Bn |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 17.82 Bn |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 12.36 Bn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | 17.60 Bn |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 11.77 Bn |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 8.10 Bn |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 9.46 Bn |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 9.08 Bn |
| 10 | Vertex Pharmaceuticals | 138.90 Bn | 106.64 Bn | 2.91 Bn | 3.19 Bn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 17.82 Bn |
| Dec 31, 2024 | 17.83 Bn |
| Dec 31, 2023 | 22.06 Bn |
| Dec 31, 2022 | 24.25 Bn |
| Dec 31, 2021 | 21.99 Bn |
| Dec 31, 2020 | 16.79 Bn |
| Dec 31, 2019 | 12.77 Bn |
| Dec 31, 2018 | 12.79 Bn |
| Dec 31, 2017 | 9.43 Bn |
| Dec 31, 2016 | 6.56 Bn |
| Dec 31, 2015 | 7.00 Bn |
| Dec 31, 2014 | 2.94 Bn |
| Dec 31, 2013 | 5.78 Bn |
| Dec 31, 2012 | 6.01 Bn |
| Dec 31, 2011 | 5.89 Bn |
| Dec 31, 2010 | 5.42 Bn |
AbbVie Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow-annual&ticker=ABBV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow-annual", "ticker": "ABBV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow-annual&ticker=ABBV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();